A recent report published by Infinium Global Research on power sunroof market provides in-depth analysis of segments and sub-segments in the global as well as regional power sunroof market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional power sunroof market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global power sunroof market. According to the report, the global power sunroof market is projected to grow at a CAGR of 10% over the forecast period of 2018-2024.
Changing the lifestyle of consumers and rising spending power are anticipated to be the primary drivers driving the growth of the power sunroof market. Additionally, the growing production of modified sunroof tracks is a major trend boosting the global automotive sunroof market. Hence, with a growing car production, the demand for sunroofs will simultaneously increase among OEMs. Moreover, Built-in solar cells that power the vehicles are increasing the consumer preference for the use of alternative fuel vehicles that are creating wide opportunities for the key players in the power sunroof market. However, in low segment vehicles, low penetration of power sunroof hampers the growth.
The report on global power sunroof market covers segments such as vehicle type and windshield type. On the basis of vehicle type, the global power sunroof market is categorized into passenger, and commercial. On the basis of windshield type, the global power sunroof market is categorized into fabric type, and glass type.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section, the key trends and market size for each geography are provided over the period of 2016-2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while the Asia-Pacific region includes countries such as China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are the major markets included in the European region. The U.S. drives the growth in the North America region, as it is the largest market in the region. In the Asia-pacific region, rapid industrial growth in India and China offer a substantial potential for the growth in the power sunroof market. As a result, the APAC region is projected to experience a growth at a CAGR of x.x% over the forecast period 2018-2024.
The report provides profiles of the companies in the global power sunroof market such as Magna International, Aisin Seiki, Webasto, Inalfa Roof Systems, Inteva, BOS, Yachiyo Industry, Automotive Sunroof Company, Johnan Manufacturing, and CIE Automotive.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global power sunroof market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of power sunroof market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the power sunroof market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the power sunroof market to understand the present and future trends in this market and formulate their strategies accordingly.
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